Annual Meeting Report, November 14th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 AUD (restated) 2022 AUD 2023 AUD Change Revenue $574m $604m $632m 5% Gross Profit $366.9m $393.7m $406.7m 3% Gross Profit Margin 64% 65% 64% -1% NPAT $41.0m $47.6m $35.2m -25% EPS1 $0.106 $0.12 $0.09 -25% PE Ratio 8 11…
Read more
Annual Meeting Report, November 14th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 2022 2023 Change Operating Revenue $6.3m $7.2m $8.7m $11.3m 29% Operating Expenses $5.0m $5.7m $7.2m $9.6m 34% Operating Profit $1.3m $1.5m $1.5m $1.6m 7% Share of profit (JV) $8.8m $9.5m $8.4m $8.1m -4% NPAT $6.7m $14.3m $13.1m $7.9m…
Read more
Annual Meeting Report, November 9th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 2022 2023 Change Interest Income $347m $328m $342m $573m 54% Net Interest Income $217m $234m $250m $282m 13% Interest Margin 62% 71% 73% 53% -27% NPAT $72.0m $87.0m $95.1m $95.9m 1% EPS1 $0.124 $0.149 $0.16 $0.135 -16% PE…
Read more
Annual Meeting Report, November 8th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $947m $965m $980m 2% EBITDA $649m $675m $672m n/c NPAT $47m $64m $25m -61% EPS1 $0.105 $0.143 $0.057 -60% PE Ratio 62 53 129 Capitalisation $2.9b $3.4b $3.2b -5% Current Ratio 0.44 0.50 0.40 -22%…
Read more
Annual Meeting Report, October 25th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $177.0m $159.5m $211.4m 33% Gross Profit $57.4m $72.4m $108.7m 50% Gross Profit Margin 32% 45% 51% 13% Operating EBITDA $70.4m $45.0m $95.6m 112% NPAT $46.1m $31.7m $64.6m 104% Inventory Turnover 2.55 1.22 1.10 -10% EPS1…
Read more
Annual Meeting Report, November 10th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 2022 2023 Change Revenue $801.5m $922.8m 980.0m $1,103m 13% EBITDA $149.5m $208.0m $180.0m $200.1m 11% NPAT $8.9m $63.4m $36.8m $36.7m n/c Gross Profit Margin 58% 59% 59% 59% n/c Inventory Turnover 1.90 1.71 1.57 1.54 -2% EPS1 $0.011…
Read more
Annual Meeting Report, October 27th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $8,120m $8,498m $8,469 n/c EBIT3 $668m $756m $798m 5.5% NPAT2 $305m $432m $235m -46% Gross Margin Pct 29% 30% 31% 5% Inventory Turnover 4.81 4.45 3.73 -22% EPS1 $0.371 $0.552 $0.300 -45% PE Ratio 20…
Read more
NZSA Disclaimer There was much fanfare at the launch of the NZ Alternative Exchange, way back in 2003. Commerce Minister Lianne Dalziel trumpeted the virtues of the new exchange, reflecting that this would provide new opportunities for the many small-medium sized businesses in New Zealand. The conventional market or securities exchange is typically suited to…
Read more
Annual Meeting Report, November 8th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 2022 2023 Change Revenue $747.6m $724.8m $752.9m $757.6m 1% NPAT -$156.8m $47.5m $62.2m $51.0m -18% EPS1 -$0.90 $0.27 $0.36 $0.353 -1% PE Ratio n/a 6 6 7 Capitalisation $243m $341m $376m $355m -5% Current Ratio 0.77 0.91 1.38…
Read more
Annual Meeting Report, November 8th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $732m $973m $1,245m 28% Gross Profit $270m $389m $444m 14% Gross Profit Margin 37% 40% 36% -11% Operating EBITDA $104m $197m $163m -17% NPAT $64.8m $124m $88m -29% Inventory Turnover2 2.41 2.14 2.03 -6% EPS1…
Read more
